Exceptional value-add duplex opportunity on a large, flat lot in a highly desirable Monterey Park location within the sought-after Mark Keppel High School district (buyer to verify)! This versatile property is ideal for investors, developers, or first-time buyers looking to live in one unit while generating income from the other.
The rear unit (#335) has been fully renovated and previously operated as a successful short-term rental, performing very well and offering strong income potential. Perfect for immediate rental use, extended family, or in-law living.
The front home (#331) has been fully gutted to the studs and comes with approved plans for a spacious 3-bedroom, 3-bathroom layout—providing a rare opportunity for the next owner to design and complete their dream home to their own taste while saving significant time and demolition costs.
Situated on an expansive lot, the property offers ample parking for 6+ vehicles and includes a detached 2-car garage with excellent potential for Junior ADU conversion and possible expansion (buyer to verify), creating even more income opportunities.
Whether you’re looking to create a multi-generational living setup, offset your mortgage with rental income, or invest in a property with strong upside and flexibility, this is a unique opportunity you won’t want to miss.
AGENT: Nhuc Tang LISTING BROKERAGE: Real Brokerage Technologies, IncThe rear unit (#335) has been fully renovated and previously operated as a successful short-term rental, performing very well and offering strong income potential. Perfect for immediate rental use, extended family, or in-law living.
The front home (#331) has been fully gutted to the studs and comes with approved plans for a spacious 3-bedroom, 3-bathroom layout—providing a rare opportunity for the next owner to design and complete their dream home to their own taste while saving significant time and demolition costs.
Situated on an expansive lot, the property offers ample parking for 6+ vehicles and includes a detached 2-car garage with excellent potential for Junior ADU conversion and possible expansion (buyer to verify), creating even more income opportunities.
Whether you’re looking to create a multi-generational living setup, offset your mortgage with rental income, or invest in a property with strong upside and flexibility, this is a unique opportunity you won’t want to miss.
Courtesy of Real Brokerage Technologies, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 335 E Newmark
Monterey Park, CA
Property Details
Price:
$1,318,000
MLS #:
AR26088850
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
641montereypark
Listed Date:
Apr 26, 2026
Total Sq Ft:
1,462
Lot Size:
9,472 sqft / 0.22 acres (approx)
Year Built:
1947
641 – Monterey Park641montereypark
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Schools
Interior
Cooling
DUC
Flooring
TILE
Heating
DUC
Laundry Features
GE
Exterior
Common Walls
NCW
Community Features
SL
Garage Spaces
2
Parking Spots
2
Parking Total
2
Roof
SHN
Spa Features
NO
Financial
Net Operating Income
$46,200
Map
Community
- Address335 E Newmark Monterey Park CA
- CityMonterey Park
- CountyLos Angeles
- Zip Code91755
